Schindler Holding AG

Schindler Holding AG, headquartered in Switzerland and operating in Construction work (45), reported total greenhouse gas emissions of approximately 7.93 billion kg CO2e in 2025. This includes about 125.76 million kg CO2e from Scope 1, approximately 53.61 million kg CO2e from Scope 2 (location-based), and roughly 7.80 billion kg CO2e from Scope 3 emissions. A significant portion of their Scope 3 emissions in 2025 came from the use of sold products (about 5.23 billion kg CO2e) and purchased goods and services (approximately 2.35 billion kg CO2e).

Looking at previous years, in 2024, the company's total emissions were approximately 10.42 billion kg CO2e. This comprised around 131.23 million kg CO2e from Scope 1, about 54.90 million kg CO2e from Scope 2 (location-based), and roughly 10.13 billion kg CO2e from Scope 3. In 2023, Schindler Holding AG reported approximately 11.72 billion kg CO2e in total emissions, with Scope 1 at about 139.53 million kg CO2e, Scope 2 (location-based) at around 56.78 million kg CO2e, and Scope 3 at roughly 11.52 billion kg CO2e. In 2022, total emissions were around 12.66 billion kg CO2e, with Scope 1 at about 142.16 million kg CO2e, Scope 2 (location-based) at approximately 54.71 million kg CO2e, and Scope 3 at roughly 12.52 billion kg CO2e. In 2021, total emissions were approximately 15.46 billion kg CO2e, including Scope 1 emissions of about 135.91 million kg CO2e, Scope 2 (location-based) of around 51.16 million kg CO2e, and Scope 3 of roughly 15.27 billion kg CO2e.

Schindler Holding AG has committed to ambitious climate targets validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2040, with a 2020 base year. This commitment includes both near-term and long-term targets.

For its near-term targets, Schindler Holding AG pledges to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030, from a 2020 base year. Additionally, the company commits to reducing absolute Scope 3 GHG emissions by 42% within the same timeframe. These near-term targets are classified as being consistent with a 1.5°C warming scenario.

For its long-term targets, the company aims for a 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by 2040, also from a 2020 base year. Schindler Holding AG also committed to fully transition to renewable electricity by 2025 by joining RE100 in 2021.